The Oklahoma Tax Commission recently released city sales tax collection figures that primarily represents local tax receipts from November business. The monies they reported this period represent sales from November 16 to 30 and estimated sales from December 1 to 15.
The Oklahoma Tax Commission recently released city sales tax collection figures that primarily represents local tax receipts from November business. The monies they reported this period represent sales from November 16 to 30 and estimated sales from December 1 to 15.
Statewide, the disbursement of $193,129,239 in sales tax collections returned to the cities and towns reflected an increase of $28,947,950 from the $164,181,289 distributed to the cities and towns in December last year. The use tax disbursement to cities and town was $36,827,822 according to the Oklahoma Tax Commission.
In county returns, the counties shared in a $31,839,923 sales tax disbursement and a $6,671,148 use tax disbursement.
The chart below compares city sales taxes and taxable sales in area cities, towns and counties as well as a comparison for the same period in 2021. Taxable Sales are calculated by dividing the tax collected by the tax rate and it shows a rough estimate of retail sales activity.